Claes Dillen: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Claes Dillen
Largest movements
- Cash +€57,453
up €57,453 (+87.4%), from €65,754 to €123,207
mainly Net result for the year (+€78,877) and Receivables within one year (+€18,669)
- Current investments +€26,329
new in 2025: €26,329
- Deferred charges and accrued income +€20,245
up €20,245 (+2,323%), from €872 to €21,117
- Receivables within one year -€18,669
down €18,669 (-100%), from €18,669 to €0
- Reserves +€78,877
up €78,877 (+148%), from €53,307 to €132,184
- Tax, wage and social debts +€4,693
up €4,693 (+17.7%), from €26,576 to €31,270
- Other debts +€2,199
new in 2025: €2,199
- Gross operating margin +€38,652
up €38,652 (+51.4%), from €75,269 to €113,921
- Taxes +€10,726
up €10,726 (+52.2%), from €20,539 to €31,265
- Financial charges +€3,153
up €3,153 (+220%), from €1,436 to €4,589
- Financial income +€1,763
up €1,763 (+14,134%), from €12 to €1,775
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,295 | €170,653 | +€85,358 | +100% |
| Current assets | 29/58 | €85,295 | €170,653 | +€85,358 | +100% |
| Amounts receivable within one year | 40/41 | €18,669 | €0 | -€18,669 | -100% |
| Trade receivables | 40 | €18,669 | €0 | -€18,669 | -100% |
| Current investments | 50/53 | - | €26,329 | +€26,329 | |
| Cash at bank and in hand | 54/58 | €65,754 | €123,207 | +€57,453 | +87.4% |
| Deferred charges and accrued income | 490/1 | €872 | €21,117 | +€20,245 | +2,323% |
| Total equity and liabilities | 10/49 | €85,295 | €170,653 | +€85,358 | +100% |
| Equity | 10/15 | €58,307 | €137,184 | +€78,877 | +135% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,307 | €132,184 | +€78,877 | +148% |
| Distributable reserves | 133 | €53,307 | €132,184 | +€78,877 | +148% |
| Amounts payable | 17/49 | €26,988 | €33,469 | +€6,480 | +24.0% |
| Amounts payable within one year | 42/48 | €26,988 | €33,469 | +€6,480 | +24.0% |
| Trade debts | 44 | €412 | €0 | -€412 | -100% |
| Suppliers | 440/4 | €412 | €0 | -€412 | -100% |
| Taxes, remuneration and social security | 45 | €26,576 | €31,270 | +€4,693 | +17.7% |
| Taxes | 450/3 | €26,576 | €31,270 | +€4,693 | +17.7% |
| Other amounts payable | 47/48 | - | €2,199 | +€2,199 | |
| Other operating charges | 640/8 | - | €965 | +€965 | |
| Gross operating margin | 9900 | €75,269 | €113,921 | +€38,652 | +51.4% |
| Operating profit (loss) | 9901 | €75,269 | €112,956 | +€37,687 | +50.1% |
| Financial income | 75/76B | €12 | €1,775 | +€1,763 | +14,134% |
| Recurring financial income | 75 | €12 | €1,775 | +€1,763 | +14,134% |
| Financial charges | 65/66B | €1,436 | €4,589 | +€3,153 | +220% |
| Recurring financial charges | 65 | €1,436 | €4,589 | +€3,153 | +220% |
| Profit (loss) for the period before taxes | 9903 | €73,846 | €110,142 | +€36,297 | +49.2% |
| Income taxes | 67/77 | €20,539 | €31,265 | +€10,726 | +52.2% |
| Profit (loss) for the period | 9904 | €53,307 | €78,877 | +€25,571 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,307 | €78,877 | +€25,571 | +48.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.